Just how much is the government investing in housing? The UK Housing Review shows that in recent years, government investment in housing has increased and will reach around £70bn from now until 2023. However, 79% of this investment goes toward funding the private sales market and does this leave sufficient funding for affordable housing options?… View Article
Lambeth Council has achieved housing association status for its housing company, Homes for Lambeth (HFL). HFL can now own and manage affordable housing delivered for and by the council as well as buy S106 homes on developments in the borough. Askival are supporting Lambeth Council’s estate regeneration programme with CPO project management support.
The number of social rent homes delivered by housing associations in the final three months of last year is the highest recorded number since records began. The National Housing Federation survey also recorded that building of 1,707 social rent homes were started in the three months leading up to December 2018 which is an increase… View Article
Basildon Council and Swan Housing have been provided with £30m Estate Regeneration funding from Homes England for two schemes. The schemes are at Beechwood Village and Laindon, Essex The Beechwood scheme will provide over 550 new homes with 110 of these affordable. The Laindon scheme delivers 210 homes and 7,000 sq m of commercial space…. View Article
Housing development company, Value Group, has started fundraising for a newly registered provider that will build affordable housing in London and the Southeast. They are looking to raise funds of £2bn in order to deliver 10,000 affordable homes. Value Group plans to be the first ‘”private sector, fully integrated investor, developer and manager to focus… View Article
The Chancellor made £3bn of government guarantees available for the delivery of 30,000 homes in his spring statement. The thinking behind this approach is to provide RPs with access to borrowing at interest rates of below 2% as the lending is in effect ‘de-risked’ by the provision of the government guarantee. While welcomed in the… View Article
Half of RPs surveyed by accounts RSM on behalf of Inside Housing expect the impact of Brexit to have a negative impact upon their business. Inside Housing commissioned research and 143 RPs responded. In broad terms, the perceived impacts are considered to be short term and manageable in the longer term. The report also indicated… View Article
Bricks, mortar, tiles, kitchens and many other items as well as labour are needed to build homes. The construction industry sources many of these items from Europe on a favourable basis and with Brexit, certainty of supply is in jeopardy and if supply can be maintained it has yet to be assessed as to what… View Article
The Labour party introduced its housing green paper – Housing for the Many – in April 2018. This sets out a commitment to building a million ‘genuinely affordable’ homes in England over 10 years which it will expect most to be for social rent. Overall it expects to see 250,000 homes across all tenures each… View Article
Sadiq Khan, the G15 group of large housing associations and London Councils have written to James Brokenshire, Secretary of State for Housing, Communities and Local Government, to set out their concerns about a ‘no deal’ Brexit or a Brexit deal that is bad for the Capital. They advise that either of these options would impact… View Article